Posted AT 2:18 PM EST on 17/09/08
Pressure building on U.S. debt rating: S&P
Pressure is building on the pristine triple-A rating of the United States following a federal bailout of American International Group Inc., the chairman of Standard & Poor's sovereign ratings committee said Wednesday.
The $85-billion (U.S.) bailout of AIG on Tuesday by the U.S. Federal Reserve “has weakened the fiscal profile of the United States,” S&P's John Chambers told Reuters in an interview.
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